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2:12 PM, Dec 31, 2012 • By DANIEL HALPERPresident Barack Obama tipped his hand today during a speech at the White House ... about how he plans to spend this New Year's Eve.
Read more... 9:01 AM, Dec 26, 2012 • By DANIEL HALPERThe Treasury Department is telling its staff not to worry about the "fiscal cliff," an internal memorandum sent to all employees reveals. The memo, which is signed by the deputy secretary of the treasury, Neal S. Wolin, states that "there is no reason why both sides should not be able to come together" to reach a deal.
Read more... 11:36 AM, Dec 18, 2012 • By DANIEL HALPERCNN reports, "US President Barack Obama offered to back away from his position that tax hikes should begin at $250,000 in annual income, delivering a fresh concession to congressional Republicans as talks to avert the fiscal cliff intensified in Washington."
Read more... 8:41 AM, Dec 13, 2012 • By DANIEL HALPER"President Obama's 'Plan' Adds $8.6 Trillion to the Debt," the minority side of the Senate Budget Committee contends. Here's a chart put together by the Republicans on the committee to explain how Obama's plan adds to the debt:
Read more... 1:31 PM, Dec 11, 2012 • By JEFFREY H. ANDERSONThere is a lot of talk about whether Republicans should "give in" on raising taxes on the top 2 percent of income-earners.
Read more... 10:04 AM, Dec 11, 2012 • By DANIEL HALPERSeventy-five percent of the new revenue pulled in by President Barack Obama's "fiscal cliff" plan would go toward new spending, not toward deficit reduction, the Republican side of the Senate Budget Committee contends. Here's a chart, detailing how money from the new tax hikes would be distributed:
Read more... 12:20 PM, Dec 10, 2012 • By IRWIN M. STELZERThere is an increasing feeling that if President Obama’s insistence on my way or the highway produces “a plunge over the fiscal cliff,” catastrophes will follow, not least being a downgrading of our credit rating. Perhaps.
Read more... 3:31 PM, Dec 6, 2012 • By DANIEL HALPERPresident Barack Obama today pledged only to sign a "fiscal cliff" deal that includes tax hikes on the 2 percent.
Read more... Will Senate Republicans be able to prevent tax hikes?9:34 AM, Aug 2, 2011 • By STEPHEN F. HAYES
The debt ceiling deal will pass the Senate early this afternoon. No suspense there. But the vote will be worth watching for another reason: Three Republican Senate sources tell TWS that senators who vote against the deal will be ineligible to serve on the so-called “supercommittee” for deficit reduction that the legislation creates.
Read more... 5:22 PM, Aug 1, 2011 • By WILLIAM KRISTOL
I understand the debt ceiling deal is probably going to pass. I’m not even comfortable unequivocally urging members to vote against it, given all the real loyalties and future relationships and competing responsibilities actual members have to deal with. And I’m not sure I’d urge anyone to vote against it if he were the 51st or 218th vote, because I don’t know that one could adequately manage, either in the real world or the political one, the consequences of “default.”
Read more... 2:06 PM, Aug 1, 2011 • By WILLIAM KRISTOL
Anyone considering opposing the debt ceiling deal will be accused of being ... not just a hobbit (!), but also a totally irresponsible full-faith-and-credit-of-the-U.S.-government defaulter. Not so—if the anti-deal position is not pro-default. So, anti-dealers could:
Read more... 10:49 AM, Aug 1, 2011 • By FRED BARNES
We’ve learned a lot from the fight to attach spending cuts to the debt limit increase. Here are five of the lessons:
Read more... 8:49 AM, Aug 1, 2011 • By WILLIAM KRISTOL
John Bolton has just issued a thoughtful statement raising “serious questions ... about the national-security implications of the proposed deal to raise the Federal debt ceiling.” Bolton calls attention to the worrisome short-term defense cuts that the deal makes likely, and to the huge medium- and long-term cuts that the deal’s triggering mechanism makes possible.
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